Press release
Airport Smart Lighting Market Anticipated To Witness Robust Growth, Surpassing $1.78 Billion By 2029
The Airport Smart Lighting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Airport Smart Lighting Market Size and Its Estimated Growth Rate?
In recent times, the airport smart lighting market has seen robust growth. The market which was valued at $1.12 billion in 2024, is projected to expand to $1.23 billion in 2025, with a compound annual growth rate (CAGR) of 10.0%. This significant growth rate during the historical period is due to factors such as energy efficiency regulations, improved passenger experience, cost-efficiency, advancement in safety and security, data-centric insights, and regulatory compliance necessities.
The smart lighting industry within airports is predicted to experience robust expansion in the upcoming years. This market is projected to reach a value of $1.78 billion in 2029, with a compound annual growth rate of 9.7%. The anticipated growth during this forecast period is due to an increased focus on energy efficiency, prioritizing passenger experience, the necessity for safety and security, cost-effectiveness and operational efficiency, adhering to regulations, data-based decision making, and the introduction of smart airport strategies. Key trends expected to shape this period are the usage of LED technology, IoT and sensor integration, emphasis on sustainability, improved passenger experiences, integration into the smart airport framework, distance-based monitoring and management and making sense of data through insights and analytics.
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How Are Emerging Segments Shaping the Airport Smart Lighting Market Landscape?
The airport smart lighting market covered in this report is segmented -
1) By Type: Runway Lightings, Taxiway Lightings, Visual Glide Scope Indicator, Other Types
2) By Offering: Hardware, Services, Software
3) By Light Source: Fluorescent Lighting, Halogen Lighting, Incandescent Lighting, Light Emitting Diode (LED) Lighting
4) By Application: Airside, Airport Terminal, Airport Landside, Other Applications
Subsegments:
1) By Runway Lightings: Runway Edge Lights, Runway Threshold Lights, Runway End Lights, Runway Centerline Lights, Runway Distance Remaining Lights
2) By Taxiway Lightings: Taxiway Edge Lights, Taxiway Centerline Lights, Taxiway Turn-Off Lights, Taxiway Guidance Signs, Lead-In Lights
3) By Visual Glide Scope Indicator: PAPI (Precision Approach Path Indicator) Lights, VASI (Visual Approach Slope Indicator) Lights, Aiming Lights For Glide Path Guidance
4) By Other Types: Apron Lights, Airfield Sign Lights, Approach Lights, Obstacle Lighting, Perimeter And Security Lighting
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Which Growth Factors Are Influencing Airport Smart Lighting Market Expansion?
The airport smart lighting market is anticipated to expand in response to the increasing demand for air travel. The term air travel pertains to the movement of passengers and goods via aircraft from one location to another, either domestically or internationally. The factors contributing to the rise in air travel demand include improved accessibility and affordability of flights, advancements in technology, increased competition among airlines, and the growth of low-cost airlines. The implementation of smart lighting in airports augments air travel by enhancing visibility, safety, and energy efficiency. These improvements are achieved through dynamic adjustments that depend on passenger traffic, weather changes, and the time of the day, thereby enriching the overall experience at airports and their operational effectiveness. In November 2023, Eurostat, the European Union's statistical agency based in Luxembourg, reported that the EU experienced a substantial increase in air travel. The total number of passengers escalated to 820 million in 2022; this is a stark 119.3% increase from the previous year. Consequently, the growing demand for air travel is pushing the growth of the airport smart lighting market.
Who Are the Dominant Players Across Different Airport Smart Lighting Market Segments?
Major companies operating in the airport smart lighting market are Siemens AG, Honeywell International Inc., Safran S.A., Koninklijke Philips N.V., Signify Holding, Acuity Brands Inc., TKH Airport Solutions, Midstream Ltd., Astronics Corporation, Schreder Group, OCEM Airfield Technology, ADB Safegate, Carmanah Technologies Corp, GMR ENLIGHTS s.r.l, Sealite Pty Ltd., Eaton Corporation, atg airports limited, Delta Obstruction Lighting, Avlite Systems, Cree Inc., Airsafe Airport Equipment Co. Ltd.
What Are the Latest Developing Trends in the Airport Smart Lighting Market?
Key players in the airport smart lighting market are intensifying their efforts to create innovative solutions such as sensor-based lighting to stay competitive. Sensor-based lighting systems are those that employ sensors to perceive alterations in environmental conditions or human presence, modifying lighting levels accordingly to enhance the overall experience of airport passengers. For example, ADB Safegate BVBA, an airport lighting enterprise based in Belgium, in May 2022 debuted the AXON EQ LED lights. These lights come with integrated sensors that gather necessary data for airport operators, allowing them to identify maintenance requirements and streamline operations. The AXON EQ LED lights feature Airfield 4.0 technology from ADB SAFEGATE, designed to boost the efficiency of airport functions by offering sophisticated routing and guidance features. This technology plays a significant role in boosting safety measures and minimizing energy consumption at airports.
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Which Geographic Regions Are Expected to Dominate the Airport Smart Lighting Market in the Coming Years?
North America was the largest region in the airport smart lighting market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Airport Smart Lighting Market?
2. What is the CAGR expected in the Airport Smart Lighting Market?
3. What Are the Key Innovations Transforming the Airport Smart Lighting Industry?
4. Which Region Is Leading the Airport Smart Lighting Market?
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